We are currently renting the house out by the room (furnished) and on average bringing in about $2,700/mo in revenue.

I am planning to get my first investment house; I don't want to use my savings, so I have an equity line of credit for 50K and got pre-approved for a loan up to 300 k? 

After the credit score is built I want to get an FHA loan for house hacking, I know that you need a job history to apply, but here is my question "Does the job history from my country matter in the USA as a 17 years old or in general as an adult for an FHA loan?

what’s the best way to use OPM to buy my first house to rent out?

In total we will have 1 LLC and two separate trusts.All that said, I guess my questions are as follows:-We need to set up an operating bank account for renovation work for our new property, should we set this up through the trust, through our existing LLC or just pay using our personal accounts?

with help of AI:for a room to be legally considered a bedroom in California according to building codes, it must meet the following key requirements:Entrance: The bedroom needs at least two methods of egress - it should be accessible from inside the house (commonly through a door), and have one other exit like a window or door.Ceiling Height: At least 50% of the bedroom ceiling must be a minimum of 7 feet in height.

I'm invested in a property near the Grove that's executing that business plan now.At a simpler level, that might mean buying a house with a garage, converting the garage into an ADU, and renting out the ADU.I think a super solid first step to get into the LA market is to househack a home or a multifamily.

@Ty CouttsWhat do you suggest how one may deal with the Due on Sale Clause on an existing mortgage?

So $18-$35k per house is what I am hearing?

Now today, I learned through the neighbor she currently lives next to that she hasn't kept up the house, has been problematic, and apparently had eviction notices filed by her current landlord.